Vietnam named among 30 largest commodity import-export economies
Vietnam has been continuously listed among the group of 30 countries and territories with the largest import and export value on a global scale, according to the rankings compiled by the World Trade Organization.
Vietnam's trade ranking has been improved constantly over the years, making a continuous presence in the group of countries and territories boasting the largest import and export value.
As of mid-December, Vietnam’s total import-export value reached 700 billion USD.
Most notably, although the ranking of ASEAN member countries has yet to increase over the past few years, Vietnam’s ranking has made remarkable progress.
Accordingly, the Vietnamese export value of goods last year was at 23rd in the world, while imported value ranked 20th globally.
Since 2019 the country has been placed second in ASEAN, surpassing both Thailand and Malaysia, and standing behind Singapore./.
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